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Institutional path dependence in port regulation: A comparison of New Zealand and Australia

Chapter


Abstract


  • The Australian and New Zealand port industries in the post-World

    War II period exhibit strong elements of path dependence. Simply

    put, economic and political actors’ purposive decisions pushed the

    development of port institutions down a pathway which became hard

    to step off: institutional lock-ins impeded strategic flexibility and

    the growth of port productivity; inefficient macro- and micro-level

    institutional arrangements reduced Australian and New Zealand port

    efficiency. Given this experience, our chapter uses path dependence

    as a method to explain institutional stability and change within

    New Zealand’s and Australia’s respective port systems. While port

    institutions in both countries were slow to adapt to shifts in the wider

    industry environment, they eventually succumbed to reformist change.

    As we explain, this occurred more strongly in New Zealand through

    pathbreaking institutional transformation in 1989, the pressures for

    which mounted over several decades. In Australia, by contrast, there

    were many false starts and change was slower even after the ports

    were caught up in the federal government’s late 1980s economy-wide

    programme of microeconomic reform.

Publication Date


  • 2012

Citation


  • Reveley, J. & Tull, M. (2012). Institutional path dependence in port regulation: A comparison of New Zealand and Australia. In G. Harlaftis, S. Tenold & J. Valdaliso (Eds.), The World’s Key Industry: History and Economics of International Shipping (pp. 158-179). Basingstoke, UK: Palgrave Macmillan.

Scopus Eid


  • 2-s2.0-84899498993

Ro Metadata Url


  • http://ro.uow.edu.au/commpapers/2829

Book Title


  • The World’s Key Industry: History and Economics of International Shipping

Start Page


  • 158

End Page


  • 179

Abstract


  • The Australian and New Zealand port industries in the post-World

    War II period exhibit strong elements of path dependence. Simply

    put, economic and political actors’ purposive decisions pushed the

    development of port institutions down a pathway which became hard

    to step off: institutional lock-ins impeded strategic flexibility and

    the growth of port productivity; inefficient macro- and micro-level

    institutional arrangements reduced Australian and New Zealand port

    efficiency. Given this experience, our chapter uses path dependence

    as a method to explain institutional stability and change within

    New Zealand’s and Australia’s respective port systems. While port

    institutions in both countries were slow to adapt to shifts in the wider

    industry environment, they eventually succumbed to reformist change.

    As we explain, this occurred more strongly in New Zealand through

    pathbreaking institutional transformation in 1989, the pressures for

    which mounted over several decades. In Australia, by contrast, there

    were many false starts and change was slower even after the ports

    were caught up in the federal government’s late 1980s economy-wide

    programme of microeconomic reform.

Publication Date


  • 2012

Citation


  • Reveley, J. & Tull, M. (2012). Institutional path dependence in port regulation: A comparison of New Zealand and Australia. In G. Harlaftis, S. Tenold & J. Valdaliso (Eds.), The World’s Key Industry: History and Economics of International Shipping (pp. 158-179). Basingstoke, UK: Palgrave Macmillan.

Scopus Eid


  • 2-s2.0-84899498993

Ro Metadata Url


  • http://ro.uow.edu.au/commpapers/2829

Book Title


  • The World’s Key Industry: History and Economics of International Shipping

Start Page


  • 158

End Page


  • 179